Built in the early 1970s, both properties are three-story walk-ups: 467-479 Roseville Ave. features 46 apartments, while 385-391 Roseville Ave. includes 22 units.

“This part of Newark is experiencing an influx of attention and investment capital,” said Seth Pollack, also with Cushman & Wakefield. “The buyer is planning to renovate the properties, which will further improve their competitive positioning.”